Company Valuation: Telecom Italia Di Risp

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,841 3,416 4,662 3,929 8,202 16,173 - -
Change - -50.06% 36.45% -15.72% 108.77% 97.18% - -
Enterprise Value (EV) 1 29,028 28,780 30,318 14,055 17,980 24,002 23,649 23,200
Change - -0.85% 5.34% -53.64% 27.93% 33.49% -1.47% -1.9%
P/E -1.09x -1.55x -4.2x -8.22x 25.7x 46.9x 25.9x 19.5x
PBR 0.38x 0.31x 0.46x 0.44x 0.89x 1.32x 1.13x 1.11x
PEG - 0x 0.1x 0.1x -0x -2.5x 0.3x 0.6x
Capitalization / Revenue 0.45x 0.22x 0.29x 0.27x 0.6x 1.14x 1.1x 1.08x
EV / Revenue 1.9x 1.82x 1.86x 0.97x 1.31x 1.69x 1.62x 1.55x
EV / EBITDA 5.71x 5.38x 5.31x 2.91x 3.94x 5.18x 4.81x 4.51x
EV / EBIT -8.23x 47.5x 36.3x 9.1x 11.5x 14.7x 12.4x 11x
EV / FCF 89.9x -20.4x -798x 10.8x 17.9x 16.5x 19.8x 16.4x
FCF Yield 1.11% -4.9% -0.13% 9.23% 5.6% 6.07% 5.04% 6.1%
Dividend per Share 2 - - - - - 0.2626 0.3021 0.3304
Rate of return - - - - - 3.44% 3.96% 4.33%
EPS 2 -4 -1.4 -0.7 -0.3 0.2 0.1627 0.2941 0.3912
Distribution rate - - - - - 161% 103% 84.5%
Net sales 1 15,316 15,788 16,296 14,442 13,734 14,237 14,642 15,013
EBITDA 1 5,080 5,347 5,710 4,825 4,566 4,630 4,912 5,140
EBIT 1 -3,529 606 836 1,545 1,564 1,632 1,905 2,117
Net income 1 -8,652 -2,925 -1,441 -610 297 188.8 523.4 676.1
Net Debt 1 22,187 25,364 25,656 10,126 9,778 7,828 7,476 7,027
Reference price 2 4.342 2.163 2.942 2.466 5.138 7.626 7.626 7.626
Nbr of stocks (in thousands) 2,120,271 2,124,132 2,125,220 2,125,220 2,126,082 2,126,822 - -
Announcement Date 2/3/22 15/3/23 6/3/24 5/3/25 11/3/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.54x1.36x4.22x6.85% 231B
10.32x2.49x6.59x6.02% 195B
13.59x2.16x4.98x4.05% 154B
11.92x0.86x3.23x6.67% 80.51B
12.01x1.75x7.48x3.59% 77.76B
12.37x1.95x4.94x2.56% 74.64B
15.38x2.73x8.58x5.07% 57.85B
23.84x5.35x19.55x4.52% 56.39B
14.36x1.78x5.5x4.8% 50.31B
Average 13.93x 2.27x 7.23x 4.9% 108.62B
Weighted average by Cap. 12.83x 2.08x 6.25x 5.3%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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